Glossary

New to Online Stocks terms? Check out the meanings here!

Account Summary

Account summary allows you to perform an enquiry on your margin account.

Actual Position

The real position in the customer's accounts i.e. actual securities in hand, actual OD balance, etc.

All Stocks

Displays details of all stocks on your screen. You can sort out the counters to be displayed according to stock code, name, last done price, price change, volume, highest price and lowest price in ascending or descending order by clicking on the title header.

You can find a desired stock, using the stock name or stock number, using the Search feature. Red indicates a decrease in price, yellow indicates price unchanged and green denotes an increase in price as compared to the previous day's closing price.

Available Facility

Board Lots

Shares are normally traded in specific amounts called Board Lots of 100 units. Any amount less than board lots are called special lots or odd lots.

Brokerage Fee

Brokerage is payable by both buyer and seller.

With effect from 1 July 2002, the brokerage payable for all trades in stocks, ordinary shares, preference shares and other securities listed and traded on the stock market of Bursa Malaysia [but excluding Government Bonds and Municipal Debentures, Other debentures (non-convertible) and Overseas Options] shall be on a fully negotiated basis between the broker and its client, subject to a maximum of 0.70% of the contract value.

Buy/Sell Order

Cancel/Reduce Order

The flexibility to reduce or cancel your buy/sell order if it has not been matched.

Capped price

For Maybank IB Upper limit for price given for securities/shares for the purpose of collateral calculation (usually in percentage form).

For MaybankinvestThe maximum value given by Maybank to a particular counter or stock (Bank value).

Clearing Fees

a. On-Market0.03% of transaction value (payable by both buyer and seller) with a maximum of RM200.00 per contract. No minimum.

b. Direct Business 0.03% of transaction value (payable by both buyer and seller), with a maximum of RM200.00 and a minimum of RM10.00.

Committed Position

The position of trades is funded through Maybankinvest or own cash already available from the account at the same time of purchase.

Committed Uncleared Purchase or CUP

Where there is cash or available margin in the account at the time of placing the purchase order, the said order can be tagged as 'CUP' trade. This cash or margin amount will be locked for this 'CUP' trade for settlement.

Expected Settlement

Favourite Stocks

For easy and quick retrieval of your stock portfolio, you may select your own favourite stock by clicking the Favourite Stocks option. Choose the stock counters that you would monitor most frequently and save this in Favourite Stock. To edit your favourite stocks listing, please refer to the Utility option.

Financing Margin Ratio or FMR

The margin to be maintained between the Debit Balance and the Actual Security Value as stipulated in the Facility Letter or any other margin as stipulated by the Bank from time to time as the FMR.

Gainers by %

The counters are displayed according to the change in percentage ie. between the closing price of the previous day and the current price from the highest to the lowest in descending order (Positive to Negative).

Losers by %

The counters are displayed according to the change in percentage i.e the closing price of the previous day and the current price from the highest to the lowest in ascending order (Negative to Positive)

Match Order Detail

This screen will show your matched quantity, price and time of your orders.

Minimum Bids

Minimum bid is the permissible increment/decrement on the offer to buy price over the previous done or quoted price. In trading on the Bursa Malaysia, bids and offers for shares within different price ranges follow different minimum bids. For example, if the last done price of Company A is RM3.30, the buying or selling price bid must increase or decrease by 2 sen, i.e.:RM3.28, RM3.32, RM3.34. It cannot be RM3.29, RM3.31, RM3.33.

Stamp duty

The stamp duty chargeable on transactions on the stock market of Bursa Malaysia is:

RM1.00 for RM1,000.00 or fractional part of value of securities (payable by both buyer and seller), and effective 17 March 2003, the stamp duty shall be remitted to the maximum of RM200.00.

All instruments relating to the issue of, offer for subscription, or purchase of, or invitation to subscribe or purchase, debentures approved by the Securities Commission under Section 32 of the Securities Commission Act, 1993, and the transfer of such debentures, are exempt from stamp duty.

Stock Portfolio

Stock Portfolio enables you to view information on the stock that you currently have.

Stock Tracker

You can track the movement of a particular stock. Highlight the desired counter and click on the stock tracking option.